Covance
Acquires Antibodies Product Line of Sternberger Monoclonals
Released on
= July 6, 2005, 10:33 pm
Press Release
Author = Covance, Inc
Industry = Pharmaceuticals
Press Release
Summary = Widely-known Products Extend Covance's Antibodies Suite
for Neuroscience and Neurodegenerative Disease Research and Discovery
Press Release
Body = Princeton, New Jersey, June 27, 2005 — Covance Inc.
(NYSE: CVD) today announced that its wholly owned subsidiary, Covance
Research Products Inc., has acquired the complete line of antibodies
developed by Sternberger Monoclonals
Inc. (SMI), of Lutherville, MD. These products are ideally suited
for immunohistochemical studies and complement Covance's extensive
suite of antibody
products for neuroscience and neurodegenerative disease research
and discovery.
As a subsidiary
of one of the world's largest and most comprehensive drug development
services companies, Covance Research Products is uniquely positioned
to
support the Sternberger antibodies suite. The company supports biomedical
scientists with a select catalog of antibody products, including
leading products in the areas of neuroscience, epitope tags, and
cell biology. In addition, for the last several
years, Covance has produced the Sternberger antibodies under contract
for SMI.
The Sternberger
products, as well as the existing portfolio of Covance antibodies,
are now available to researchers worldwide through Covance's on-line
store, store.crpinc.com. Technical support and customer service
is available by phone (800
922-2226 within the United States, or +1.510 704-0140 internationally),
or by email to ab.products@crpinc.com.
About Covance
Covance Inc., with headquarters in Princeton, New Jersey, is one
of the world's largest and most comprehensive drug development services
companies with annual revenues greater than $1 billion, global operations
in 17 countries, and approximately 6,800 employees worldwide. Information
on Covance's products and services, recent press releases, and SEC
filings can be obtained through the Covance website.
Statements contained
in this press release, which are not historical facts, are forward-looking
statements pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. All such forward-looking
statements including the statements contained herein regarding anticipated
trends in the
Company's business are based largely on management's expectations
and are subject to
and qualified by risks and uncertainties that could cause actual
results to differ materially from those expressed or implied by
such statements. These risks and uncertainties include, without
limitation, competitive factors, outsourcing trends in the pharmaceutical
industry, levels of industry research and development spending,
the Company's ability to continue to attract and retain qualified
personnel, the fixed price nature of contracts or the loss of large
contracts, and other factors described in the Company's filings
with the Securities and Exchange
Commission.
Covance and
the Covance logo are registered service marks of Covance in the
United States and other countries.
Web Site = http://www.covance.com
Contact Details
= Covance, Inc
www.covance.com
Mark Sincavage
609-452-4431
210 Carnegie Center
Princeton
8540
covance@digitalbrandexpressions.com
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